Mercantile (Ordinary Share) MRC

UK Growth

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Estimated NAV (p)

1808.00

Share Price (p)

1562.00

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Mercantile (Ordinary Share) Price 68.63%
Mercantile (Ordinary Share) NAV 61.49%
FTSE 250 ex Inv Trusts 66.84%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 1570.0p -13.2% 1808.00p 1814.00p
27 Feb
112% 2.55%

Discrete performance % over

Fund / BenchmarkApr '12
Mar '13
Apr '13
Mar '14
Apr '14
Mar '15
Mercantile (Ordinary Share) Price27.4533.89-1.18
Mercantile (Ordinary Share) NAV22.8927.822.80
FTSE 250 ex Inv Trusts24.5824.717.39

Discrete performance over

Discrete Performance

Top 10 Holdings

Catlin Group Ltd 3.63%
B&M European Value Retail 1.76%
Jardine Lloyd Thompson Group 1.76%
Cobham Plc 1.65%
Amlin Plc 1.65%
William Hill 1.65%
Hikma Pharmaceuticals PLC 1.65%
SSP Group 1.65%
Dixons Carphone 1.65%
FirstGroup 1.54%

Sectors weighting

Finance - General 28.40%
Consumer Services 25.50%
General Industrials 22.60%
Net Current Assets 9.00%
Consumer Goods 5.40%
Technology 3.70%
Healthcare 3.20%
Telecommunications 1.20%
Oil & Gas 0.60%
Materials 0.40%

Regional weighting

UK 91.00%
Cash/Cash Equiv. 9.00%
  • Investment trust info:

  • Sector UK Growth
  • Launch Date 08 Dec 1884
  • Base Currency GBX
  • Domicile UK
  • Share Price (p) 1562.00
  • Share Type Ordinary Share
  • TIDM MRC
  • ISIN GB0005794036
  • Shares Issued (M) 97
  • Market Capital (£M) 1527.31
  • Gross Assets (£M) 1976.91
  • Net Assets (£M) 1759.05
  • TER (%) 0.49
  • Historic Dividend Yield (%) 2.55
  • Last AGM 21 May 2014
  • Next AGM 21 May 2015
  • Last Annual Report Date 04 Apr 2014
  • Next due Report Date  
  • Next due Report Type I/R
  • Objective:

  • To achieve long-term capital growth from a UK portfolio of medium and smaller companies with dividend at least in line with UK inflation.
  • Management Group(s):

  • J.P. Morgan Fleming Asset
  • JP Morgan Asset Management (UK) Ltd
  • JPMorgan Asset Management (UK) Ltd
  • Managed by:

  • Anthony Lynch Start: 31 Dec 2009
  • Guy Anderson Start: 01 Aug 2012
  • Martin Hudson Start: 01 Jan 1993
  • Management Contract & Fees:

    Management agreement with JPMorgan Asset Management terminable on 6 months' notice. The management fee is paid monthly in arrears and is equal to 0.5% per annum of the Company's market capitalisation, excluding funds managed or advised by JPMorgan Asset Management or any of its associate companies.